Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Drops By 44.6%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 1,156,000 shares, a decline of 44.6% from the September 30th total of 2,086,000 shares. Based on an average daily volume of 79,300 shares, the short-interest ratio is presently 14.6 days.

China Eastern Airlines Price Performance

CHEAF stock remained flat at $0.26 on Friday. China Eastern Airlines has a twelve month low of $0.22 and a twelve month high of $0.35. The firm’s 50 day moving average price is $0.26 and its two-hundred day moving average price is $0.25.

About China Eastern Airlines

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services.